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Nov 19, 2012
11/12
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. >> you've written that climate change has little to do with the state of the environment, but much to do with the state of capitalism and transforming the american economic system and you see an opening with sandy, right? >> i do see an opening because, you know, whenever you have this kind of destruction there has to be a reconstruction and what i documented in the shock doctrine is that these right-wing think tanks leak the american enterprise institute and the cato institute and heritage foundation, they historically have gotten very, very good at seizing these moments of opportunity to push through their wish lists of policies and often their wish lists of policies, after hurricane katrina there was a meeting at the heritage foundation just two weeks after the storm hit. parts of the city were still under water and there was a meeting and "the wall street journal" reported from it and the heading was 31 free market solutions for hurricane katrina and you go down the list and it was -- don't re-open the public schools. replace the public schools with vouchers and drill for oil i
. >> you've written that climate change has little to do with the state of the environment, but much to do with the state of capitalism and transforming the american economic system and you see an opening with sandy, right? >> i do see an opening because, you know, whenever you have this kind of destruction there has to be a reconstruction and what i documented in the shock doctrine is that these right-wing think tanks leak the american enterprise institute and the cato institute...
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Nov 12, 2012
11/12
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we want them not to destroy the world's environment, which they will do if other things being equal. and so we want to work with them on avoiding environmental just destruction. we want them to continue bringing people from rural poverty to sort of urban working classness, which is what they've been doing. we want them to grow up in both international and domestic ways. grow up internationally in having a foreign policy that's not just whatever's good for them commercially, which is what their foreign policy is now. and to say, "okay, you have to play a role in iran and syria or whatever, being responsible." domestically, we want them to gain confidence so they don't have to have their foot on their people's neck. most of the time in china you don't know the government's around. just kind of a sort of state of chaos -- >> really? >> and, yeah. >> i mean, not like russia, the soviet union -- >> oh, it's -- >> not that blanket -- >> entirely different. it's most of the time the areas the government cares about, the internet, democratic protest or whatever, taiwan, tibet, they're all ov
we want them not to destroy the world's environment, which they will do if other things being equal. and so we want to work with them on avoiding environmental just destruction. we want them to continue bringing people from rural poverty to sort of urban working classness, which is what they've been doing. we want them to grow up in both international and domestic ways. grow up internationally in having a foreign policy that's not just whatever's good for them commercially, which is what their...
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Nov 16, 2012
11/12
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when it's related to the environment. it's some $20 billion this is a big story but it's an even bigger story ahead. >> there have been so many fines there a silver lining to all of this? does this make the deep water drilling safer going into the future? >> well it's certainly a goodstr investors and the shareholders will see the company in a greater light. brrchltbut unfortunately we aret going to see the end to oil spills. it's a slap on the wrist and it doesn't change regulations or the risk involved. bp was a reasonably qualified company to do this type of drilling. there is probably other drillers who are not as careful as bp has been in the past and may not be in the future. >> so to put this inperspectives and the prison term and the apology from bp. is there any satisfaction for the victims? does the punishment fit the crime. >> suzie i think not enough.we d as a result of the disaster no. 1. and no. 2 there is still risk involved that the regulations and the process of risky drilling encoupl encumbers. and this
when it's related to the environment. it's some $20 billion this is a big story but it's an even bigger story ahead. >> there have been so many fines there a silver lining to all of this? does this make the deep water drilling safer going into the future? >> well it's certainly a goodstr investors and the shareholders will see the company in a greater light. brrchltbut unfortunately we aret going to see the end to oil spills. it's a slap on the wrist and it doesn't change...
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Nov 17, 2012
11/12
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nor is there in evanish to the environment. >> with some reports suggesting the great barrier reef is in danger, the australian government is making marine conservation a high agenda priority. creating parks in the ocean is one way that it believes that it can keep the pristine environments in tact. >>> there one of the world's best-selling artists. led zeppelin burst on to the music scene and the late 1960's and dominated the charts with their blues-infused it's such as "stairway to heaven." there are about to be honored in the u.s. at the kennedy center for transforming the sound of rock and roll and influencing other artists. led zeppelin split up in 1980. the perform a concert in 2007. what was it like getting back after all those years apart? legendary guitarist jimmy page has been talking to the bbc. >> there was a lot of preparation when we first did the first rehearsal. it was really exciting. everybody was trying to make it work. we needed to play in such a way that we all had confidence with each other. that needed -- that needed playing and getting to know each other, getti
nor is there in evanish to the environment. >> with some reports suggesting the great barrier reef is in danger, the australian government is making marine conservation a high agenda priority. creating parks in the ocean is one way that it believes that it can keep the pristine environments in tact. >>> there one of the world's best-selling artists. led zeppelin burst on to the music scene and the late 1960's and dominated the charts with their blues-infused it's such as...
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Nov 17, 2012
11/12
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it's a stimulating environment if you like change and rapid change, amazon is a great place to be. >> rose: beyond what you have said characterize the culture of amazon today. >> well, i would say that the culture of amazon starts with an externally facing culture looking at customers as our touchstone. so companies can be kind of competitor focused. and that approach can be successful. or i think they can art with the customer and that can also be successful. so some companies have kind of a conqueror mentality. if you look at their annual strategic plan it starts with their three top enemies and who they are going to crush this year. and some companies, and certainly amazon is in this group. we have an explorer mentality. so we like to go pioneering. we like to find dark alleyways and wander down them and see if they open up into broad avenues. and sometimes they do. with that pine earring exploring mentality is what drives us. the core of the culture. and over the years it's self-selecting. the people who thrive at amazon and stay at amazon and love amazon they have that. they wake
it's a stimulating environment if you like change and rapid change, amazon is a great place to be. >> rose: beyond what you have said characterize the culture of amazon today. >> well, i would say that the culture of amazon starts with an externally facing culture looking at customers as our touchstone. so companies can be kind of competitor focused. and that approach can be successful. or i think they can art with the customer and that can also be successful. so some companies have...
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Nov 17, 2012
11/12
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lauren sommer, science and environment reporter. and josh richman, bay area news group political reporter. josh, let's start with you. all of a sudden it seems like california, which was in the depths, is now rolling in money. and there's more taxes, we've passed proposition 30. i can't believe there's that much of a turn-around. is there? >> well, there is a turn-around. i wouldn't say we're rolling in money. i've never seen a state so happy to a $1.9 billion deficit over the next year and a half. that's basically where we're at. now, you have to look at that deficit, even though it's the size of wyoming's entire budget, in the context of a $42 billion deficit and $6 billion deficit, we've worn it down over time. with the passage of prop 30 last week, we have money coming in for the next several years to support education, k-12 education, college education and also to help out balancing out some of the mope that's needed by counties for the realignment of the criminal justice system. >> do you think prop 30 was the main reason that
lauren sommer, science and environment reporter. and josh richman, bay area news group political reporter. josh, let's start with you. all of a sudden it seems like california, which was in the depths, is now rolling in money. and there's more taxes, we've passed proposition 30. i can't believe there's that much of a turn-around. is there? >> well, there is a turn-around. i wouldn't say we're rolling in money. i've never seen a state so happy to a $1.9 billion deficit over the next year...
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Nov 17, 2012
11/12
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near-term fiscal cliff solution will be to delay a grand compromise, resulting in a less than ideal environment for stocks. >> that means you'll get some uneasiness extending into 2013. it won't have the cliff aspect at least in the first half of 2013. so, the can is kicked down the road. you'll have more like a simmering uneasiness waiting for washington to stay focus and arrive at a compromise. >> reporter: as to whether a solution on the fiscal cliff will result in a rally for stocks here on wall street. experts say the answer to that is yes. suzanne pratt, "n.b.r.," new york. >> susie: still ahead, a major deadline gets pushed back for health insurance exchanges, a key part of president obama's health care reform. >> tom: lunch box staples for generations of kids could be history. hostess brands-- the maker of twinkies, ho-hos and wonder bread wants to sell everything to liquidate the company and go out of business. it's asking a bankruptcy court for permission. as diane eastabrook reports the move follows months of financial problems and labor un-rest. >> reporter: hostess brands says it d
near-term fiscal cliff solution will be to delay a grand compromise, resulting in a less than ideal environment for stocks. >> that means you'll get some uneasiness extending into 2013. it won't have the cliff aspect at least in the first half of 2013. so, the can is kicked down the road. you'll have more like a simmering uneasiness waiting for washington to stay focus and arrive at a compromise. >> reporter: as to whether a solution on the fiscal cliff will result in a rally for...
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Nov 12, 2012
11/12
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paul rogers, environment writer for "san jose mercury news." and carla marinucci, "san francisco chronicle," senior political reporter. carla, you get to have all the fun. you were in chicago on tuesday night. tell us what was it like. were people surprised at the close, the short drama? >> well, you know, belva, we were in the snoechs the snoeno hampshire, you know how dramatic it was all the way through. just amazing to be there on that final night. this was a much different election night than 2008, when 250,000 people greeted this sort of landmark moment. barack obama is more weathered, he's -- >> belva: graying. >> graying, but boy, the -- the democrats there, it was just pandemonium. and i think -- this time, it was tears of relief. instead of joy. that this contest has been so tough, so expensive and so important in so many ways and we saw it so negative that i think people are glad it's over, but to be there and to watch the president give that address and we heard him today in washington talking about what happens now in this country.
paul rogers, environment writer for "san jose mercury news." and carla marinucci, "san francisco chronicle," senior political reporter. carla, you get to have all the fun. you were in chicago on tuesday night. tell us what was it like. were people surprised at the close, the short drama? >> well, you know, belva, we were in the snoechs the snoeno hampshire, you know how dramatic it was all the way through. just amazing to be there on that final night. this was a much...
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Nov 15, 2012
11/12
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right now, but 235 house republicans were also re-elected, so i don't know why the-- why the washington environment is a whole lot different. >> the other thing the president said was i'm not up for reelection again. so they look ahead, they see 2010 and think if taxes do go up for the middle class, it will be john boehner, and the republicans to take the blame. >> well, that may be but who is it going to play that kind of bluffing game with the debt ceiling because that's when you really risk tremendous market reactions and peril. i know you talked about david petraeus, and the whole foreign policy issue last night on charlie, martha, but do you-- let me ask you again, do you take seriously the notion that john kerry could be defense secretary? >> i think that was a trial balloon. >> you do? >> i 19, clearly both of those stories were trial balloons. president obama, obviously, took it a little further, quite a bit further today talking about susan rice. it was no longer a trial balloon. but i think john kerry-- you know, is that a consolation prize? i think he's probably always wanted to be secre
right now, but 235 house republicans were also re-elected, so i don't know why the-- why the washington environment is a whole lot different. >> the other thing the president said was i'm not up for reelection again. so they look ahead, they see 2010 and think if taxes do go up for the middle class, it will be john boehner, and the republicans to take the blame. >> well, that may be but who is it going to play that kind of bluffing game with the debt ceiling because that's when you...
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Nov 14, 2012
11/12
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CNBC
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it is the wrong stock for this environment. >> susan. >> how do you feel about exel? >> i like exel. and by the way, another one of -- another one of our specs, dbax, nice move today. remember, i am in favor of speculation as long as it's only one small piece of your portfolio. and that is the conclusion of and that is the conclusion of the lightning round. but whetr he's climbing everest, >>> everybody is freaking about about washington. the fiscal cliff is a man made problem that congress and the president created. if they would stop squabbling with each other they could solve this thing with the stroke of a pen. i'm not trying to minimize the scale of the problem. it could send our economy back into a recession. i'm going to keep going. people are saying why is this stock and that stock down. it is always the same. it is because the fiscal cliff. it is killing stocks. but you know what? some of the stocks that would be the worst hit, the defense contractors, are telling a different story. as a big part of the cliff, they are telling a different story. i'm talking a
it is the wrong stock for this environment. >> susan. >> how do you feel about exel? >> i like exel. and by the way, another one of -- another one of our specs, dbax, nice move today. remember, i am in favor of speculation as long as it's only one small piece of your portfolio. and that is the conclusion of and that is the conclusion of the lightning round. but whetr he's climbing everest, >>> everybody is freaking about about washington. the fiscal cliff is a man...
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Nov 20, 2012
11/12
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CNBC
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my question to you is, in this environment, with the economic environment, with the possibility of a compromise regarding the fiscal cliff, vis-a-vis the increased revenues and cuts in spending, what is your analysis and your opinion on the tax free municipal bonds at this juncture? >> i think you have to buy them. the individual is going to go right back to them and move them up. i think that's a great place to be. don't touch them. i want you to buy them. brilliant idea. now we go to paul in louisiana. paul? >> caller: hey, jim. thanks for taking my call. >> no problem. >> caller: i've been just getting in and sticking with a stock itw. i've been following it for a couple months. they seem to be doing pretty well. i gather there is going to be a change in the leadership. can you comment on their future? >> david spear passed away which is -- he was a terrific guy. this is a very well run company. i suspect that they won't really skip a beat. it's always been a favorite of mine. i would continue to own it. i wouldn't buy it off this. he was a good man. i think it's fine. i think it
my question to you is, in this environment, with the economic environment, with the possibility of a compromise regarding the fiscal cliff, vis-a-vis the increased revenues and cuts in spending, what is your analysis and your opinion on the tax free municipal bonds at this juncture? >> i think you have to buy them. the individual is going to go right back to them and move them up. i think that's a great place to be. don't touch them. i want you to buy them. brilliant idea. now we go to...
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Nov 14, 2012
11/12
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WBAL
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it is the wrong stock for this environment. >> susan. >> how do you feel about exel? >> i like exel. and by the way, another one of -- another one of our specs, dbax, nice move today. remember, i am in favor of speculation as long as it's only one small piece of your portfolio. and that is the conclusion of the lightning round. a febreze experiment. can a 30-day-old pluggable febreze make even this old container smell fresh? take a deep breath. describe the room that you're in. i think just like a big, open space. like i'm hanging the sheets on the line. and it smells really fresh, man. let's take your blindfold off. oh! [ both laugh ] super-weird! oh, is it febreze? yeah. ohh, how about that? febreze has anti-clogging technology that keeps it smelling fresh, even after 30 days. febreze. breathe happy. i have a cold, and i took nyquil, but i'm still "stubbed" up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] it doesn't have a decongestant. no way. [ male announcer ] sorry. alka-seltzer plus fights your worst cold symptoms plus
it is the wrong stock for this environment. >> susan. >> how do you feel about exel? >> i like exel. and by the way, another one of -- another one of our specs, dbax, nice move today. remember, i am in favor of speculation as long as it's only one small piece of your portfolio. and that is the conclusion of the lightning round. a febreze experiment. can a 30-day-old pluggable febreze make even this old container smell fresh? take a deep breath. describe the room that you're...
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Nov 19, 2012
11/12
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CSPAN
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caused devastating loss to the families of the victims, to the environment and undermined the truth-seeking function of congress and by hiding the severity of the spill, b.p. caused another type of harm, harm to its own shareholders, to the investing public and to the financial markets, all of which are entitled to transparent, accurate, and complete information. in the end, the core of our allegations is that the eyes of the world with you -- were on b.p. in the spring and summer of 2010. the company had an opportunity to provide accurate, full disclear of the facts to the public and instead, b.p. chose to mislead the public. that is not what we expect from public companies and their management, and, in fact, it is in times of crisis that the need for accurate information is most acute. i want to recognize the incredible hard work and dedication from the s.e.c. staff from the philadelphia regional office conducting this investigation. including connie lynch, bryan thomas and matt wall have. i also want to thank all the members of the deep water horizon task force, especially john ba rhetta
caused devastating loss to the families of the victims, to the environment and undermined the truth-seeking function of congress and by hiding the severity of the spill, b.p. caused another type of harm, harm to its own shareholders, to the investing public and to the financial markets, all of which are entitled to transparent, accurate, and complete information. in the end, the core of our allegations is that the eyes of the world with you -- were on b.p. in the spring and summer of 2010. the...
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Nov 13, 2012
11/12
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WBAL
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even on the low end with more value oriented stores that should be thriving in an environment where lots of people are worried about their taxes going up year end and the fiscal cliff is starting to get top of mind. you have a stock like walmart which has been a juggernaut, going up in a straight line since april until the recent pullback. then there is a company like -- sell, sell, sell. jcpenney. if you thought things couldn't get worse for jcpenney under the ceo, well, you were very wrong. as the company missed estimates once again on friday, reporting absolutely hideous numbers, they were blinding. sure enough, penney's continued the decline today, down another $2.67, 13%. like the wheel of fortune, where she stops, nobody knows. far more important, just so you know, there is a piece of preferred, there is another corporate piece of paper affiliated with jcpenney and that is sinking like a stone. that is more valuable to tell how bad things at jcpenney are. johnson tried to revolutionize by getting rid of coupons, cutting price as cross the board, they failed tragically and they star
even on the low end with more value oriented stores that should be thriving in an environment where lots of people are worried about their taxes going up year end and the fiscal cliff is starting to get top of mind. you have a stock like walmart which has been a juggernaut, going up in a straight line since april until the recent pullback. then there is a company like -- sell, sell, sell. jcpenney. if you thought things couldn't get worse for jcpenney under the ceo, well, you were very wrong....
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Nov 12, 2012
11/12
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CNBC
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if you want ones that works in the current environment, we had one of our favorite retail groups, sna, a company known as dress barn. they told an incredible story. no story. gallon, real story. a scene that doesn't dominate just one niche, they own a whole host of brands. the dominant players in multiple different categories. there is justice. there is justice. see, i told you. there's justice, chain of 942 stores for tween girls. then there is a place where they sell casual and dress apparel. and then cina closed on charming shops which makes it the number one player in the plus size apparel market. that's a huge market. half of women in this country are size 14 and up. don't tell them that. the charming shop was too fast growing plus size chains. this transaction is a big reason why i've been a fan of the stock. we know that asina has a great track record. that's what they did with maurice and justice. the initial guidance about the synergies from each deal turned out to be way too conservative. i think the same thing will happen with charming shops. isn't it interesting? jcpenney,
if you want ones that works in the current environment, we had one of our favorite retail groups, sna, a company known as dress barn. they told an incredible story. no story. gallon, real story. a scene that doesn't dominate just one niche, they own a whole host of brands. the dominant players in multiple different categories. there is justice. there is justice. see, i told you. there's justice, chain of 942 stores for tween girls. then there is a place where they sell casual and dress apparel....
SFGTV2: San Francisco Government Television
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Nov 15, 2012
11/12
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SFGTV2
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we are victims of our environments growing up. we are victims of our context that we live in and, therefore, we all, you know, are not "responsible for that behavior and therefore should be mitigating." when you look at the testimony that comes in, whether it's from a mother or from neighbors or from teachers that are talking about really mitigating circumstances, they are the rotten social background kind of arguments, the abuse and the suffering that that individual experienced and those things show up in the brain. the brain is also a sponge. the brain isn't simply created by genetics and it's very much shaped by environment. and so my mentor john monaghan likened the problem of predicting violent people to predicting violent storms. when you think of meteorology, you think of the difficulty of classifying a hurricane and tracking a hurricane, making judgments about such complex behavior that has sort of chaotic premises underlying it, you're going to make lots of mistakes. you're going to make lots of mistakes in both directio
we are victims of our environments growing up. we are victims of our context that we live in and, therefore, we all, you know, are not "responsible for that behavior and therefore should be mitigating." when you look at the testimony that comes in, whether it's from a mother or from neighbors or from teachers that are talking about really mitigating circumstances, they are the rotten social background kind of arguments, the abuse and the suffering that that individual experienced and...
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Nov 13, 2012
11/12
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FBC
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. >> this is a tough environment, our business customers are looking for guidance, we're advising really clients across u.s. to take a look at their plan, and health savings accounts and tighten their belts in other areas. neil: how do you absorb, walmart refutes the figures. bottom line they were going up for workers. this is a trend, i would imagine it speeds up. >> supposedly national trend is 8 to 9% rise in health prem young cost, it be be a shared cost, a cost that business absorbs or a cost down to the worker. neil: in walmart saying, we pay the 4.5%, they pay 4.5%, bottom line it is a lot. >> at the end of the day, this is what u.s. citizens elected. neil: unstoppable? >> health insurance premiums will continue to rise, business owners must look at other ways to cut their costs nonless they s. gary: unless they don't, they have no choice, they offer health care coverage, or if they don't they pay penalty, just suck up the penalty, and deal with it. >> or they can reduce workforce, and go to health savings ac count. neil: that is what darden tried, a little bit more you know, agil
. >> this is a tough environment, our business customers are looking for guidance, we're advising really clients across u.s. to take a look at their plan, and health savings accounts and tighten their belts in other areas. neil: how do you absorb, walmart refutes the figures. bottom line they were going up for workers. this is a trend, i would imagine it speeds up. >> supposedly national trend is 8 to 9% rise in health prem young cost, it be be a shared cost, a cost that business...
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Nov 20, 2012
11/12
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they would look to the performance in the controlled training environment. there is a real danger with suggesting that field performance records are --are a permissible foray for defendants in suppression hearings to challenge the reliability of dogs because, one, as justice alito pointed out, it's not a controlled setting. we don't know whether the dog did alert to residual odors of narcotics that had been in the car, drugs that were hidden and simply not found during the relatively -- >> would you -- would you allow counsel to ask about that? >> i think they could ask about it, your honor. i don't think they could demand the51 performance records themselves. and that would be a huge deterrent to law enforcement, even maintaining those records. third, officer wheetley and aldo did train together for nearly a year before the search in question. they did complete the 40-hour drug detection seminar at the dothan, alabama, police department. and that certificate's at page 105 of the record. and second, as justice scalia pointed out, all the incentives in this a
they would look to the performance in the controlled training environment. there is a real danger with suggesting that field performance records are --are a permissible foray for defendants in suppression hearings to challenge the reliability of dogs because, one, as justice alito pointed out, it's not a controlled setting. we don't know whether the dog did alert to residual odors of narcotics that had been in the car, drugs that were hidden and simply not found during the relatively --...
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Nov 16, 2012
11/12
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CSPAN
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you have to benchmark what your tax environment, your regulatory environment, your energy costs. the good news is in terms of getting manufacturing, we're still the world's largest market. when global investors take a look at the u.s., and canada's rate is 15% and hours is 35%, where are you going to site your plant? $1.75 trillion a year, a number that is larger than all but 80 economies in the world. it is not particularly attractive. when this administration refuses to utilize our domestic energy resources, refuses the keystone pipeline which would bring jobs and energy down to america, they reject that. that is not attractive in terms of global investment and job creation. the caller also talked about what caused the deficit then been a lot of charts and graphs dispel some myths. over four years, the total deficit was 5000 $92 billion. the taxes on the wealthy over that same time was $136 billion. all other americans was $544 billion. total cost of the bush tax cuts and the wars was about $1.30 trillion which means 75% of the deficit was caused by other spending. the wars and
you have to benchmark what your tax environment, your regulatory environment, your energy costs. the good news is in terms of getting manufacturing, we're still the world's largest market. when global investors take a look at the u.s., and canada's rate is 15% and hours is 35%, where are you going to site your plant? $1.75 trillion a year, a number that is larger than all but 80 economies in the world. it is not particularly attractive. when this administration refuses to utilize our domestic...
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Nov 18, 2012
11/12
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i think there was a sense on issues like injury and the environment. they had a vision where we have competition in places like china, germany and india. if we are going to have a thriving american century we cannot come in second place to those countries in the new technology industries of the future and i think that plays an important role. you know the obama vision was one where they thought better suited the country. and there is no question on social issues. whether it is women's health care, immigration, gay rights. there are a set of issues particularly for younger voters so, people vote very, very carefully. the economy was a dominant issue. i think that is why ultimately some people chose the president to continue the journey we are on. now quickly in terms of democracy, you know we don't know this for sure, but we could be seeing very different elections. that of that in 2010, 14, maybe 18 will be quite a bit different. the comments i made two years ago were predicated on what we thought would happen in a presidential year. the latino turnout
i think there was a sense on issues like injury and the environment. they had a vision where we have competition in places like china, germany and india. if we are going to have a thriving american century we cannot come in second place to those countries in the new technology industries of the future and i think that plays an important role. you know the obama vision was one where they thought better suited the country. and there is no question on social issues. whether it is women's health...
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Nov 19, 2012
11/12
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FBC
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it adds to the whole environment of intense uncertainty. you are asking people to make investors of their money or shareholders money at a time when nobody knows what the fiscal system will provide. connell: we talk to people on all sides of this debate. the conservative side represented by monica crowley. talking about the conversation changing from all of this from revenue to something about spending. from the business community's point of view, or you concerned? >> both are important. we need to address the fiscal cliff issue now. not december 301 or january 1. you'll get a lot of negative ahead of that. extend the tax treatment. extend the tax revisions. new found out for a period of time that will allow a real discussion about reform. connell: do you have to have a template in place or is it all right to just extend the current environment? >> i think what has been discussed is to come to some very broad agreement with goals for the relevant committees on the hill. that is good. that gives people a sense of where we are going. business
it adds to the whole environment of intense uncertainty. you are asking people to make investors of their money or shareholders money at a time when nobody knows what the fiscal system will provide. connell: we talk to people on all sides of this debate. the conservative side represented by monica crowley. talking about the conversation changing from all of this from revenue to something about spending. from the business community's point of view, or you concerned? >> both are important....
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137
Nov 18, 2012
11/12
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CNNW
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i just think that the environment that we're in makes it -- helped create that situation where he felt he couldn't continue effectively. i really don't get the big deal. i understand in the military, adultery is a crime, although apparently he wasn't serving in the military when he actually committed the crime -- what they would call a crime. >> but you're saying certainly he shouldn't be forced to resign? if he wants to, that's his business? >> look, people have affairs. this happens all the time. and if we're concerned about the spouses being hurt, imagine how hurt they are when the whole episode is international news. that can't be a pleasant experience. it's just that these things happen. and if we want -- when i pick up the paper and i keep reading, oh, sex scandal -- and the whole term sex scandal is so bizarre like we're in a puritan era where sex a is scandal. i lived in europe for five years and i'm sure they're all laughing at us. you want a scandal? how about the fiscal cliff? how about sandy happens and we're not doing anything about climate change? there's a scandal. >> or
i just think that the environment that we're in makes it -- helped create that situation where he felt he couldn't continue effectively. i really don't get the big deal. i understand in the military, adultery is a crime, although apparently he wasn't serving in the military when he actually committed the crime -- what they would call a crime. >> but you're saying certainly he shouldn't be forced to resign? if he wants to, that's his business? >> look, people have affairs. this...
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91
Nov 19, 2012
11/12
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CSPAN
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we are looking at a mobile environment. but the challenge is when you're taking that ipad what happens to him. do you trust that the person not handing to someone does not have ill intent. there's a lot of things that they're working through. but you think about that which operates your home. >> your heat, your power. they're pretty critical. you know, they were very concerned a couple of years ago about alaska coming after the power -- al-qaeda coming after america. they're -- they didn't necessarily say that. you know, i've given you a lot of doom and gloom but it's not all that. i will tell you and i see some of you in the room, you are the best and the blightest and you are the future. but fire not there's a lot of really smart people that when you will decide both in traditional ways, non- traditional ways, and in innovation and technology that will help us develop new defensive platforms and we also have to look at the personnel. the folks we hired 10 years ago are not going to be the folks we need for the future. the
we are looking at a mobile environment. but the challenge is when you're taking that ipad what happens to him. do you trust that the person not handing to someone does not have ill intent. there's a lot of things that they're working through. but you think about that which operates your home. >> your heat, your power. they're pretty critical. you know, they were very concerned a couple of years ago about alaska coming after the power -- al-qaeda coming after america. they're -- they...
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93
Nov 13, 2012
11/12
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FBC
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in this environment mortgage rates are lo very difficult to get a mortgage these days for a second home. for instance, went to go by to properties last year, and i have really get credit in pretty good net worth. really difficult to obtain mortgages. i ended up paying cash for both of the properties. and 42 percent of the properties sold last year were paid for with cash in the second home market. so that tells you that the vast majority of buyers are coming in with cash. the people who are mortgaging, 70 percent of them but more than 20 percent down. even if you plan on getting a mortgage, your so going to have to have a significant cash position to be able to buy. gerri: serious, but the beauty is that you diversified investment portfolio, not just stocks and bonds. now you're in real estate. home prices have dropped and dramatically so. and as you said, mortgage rates. it does not get any better than this. thanks for coming on. appreciate your time. thanks for educating us on this topic. >> thank you. gerri: is still to come, house flipping his back. the housing market in recovery, a
in this environment mortgage rates are lo very difficult to get a mortgage these days for a second home. for instance, went to go by to properties last year, and i have really get credit in pretty good net worth. really difficult to obtain mortgages. i ended up paying cash for both of the properties. and 42 percent of the properties sold last year were paid for with cash in the second home market. so that tells you that the vast majority of buyers are coming in with cash. the people who are...